New car sales plunge effect: More than 10 foreign car manufacturers to skip the auto show
Asia’s largest auto show at Greater Noida (NCR, New Delhi) is all set to witness a horde of car brands participating in the week-long event (5-12 Feb, 2020). However, on the flip side, there are several car manufacturers ditching the biennial Indian auto show. And that includes many well-known global carmakers like Honda, Toyota, BMW, Audi, Ford, Fiat, among many others. The reasons of exclusion for these car brands are many with slowdown in the Indian auto industry being the top-most. Moreover, other omission grounds comprise of participation cost, which can be as high as Rs 30 Crore – which also include installation, set-up, logistics, and other expenses.
So let’s exactly know which car manufacturers are skipping the Auto Expo 2020.
The nonattendance of German brand may come as shocker to many as Audi has many vehicles in the pipeline for India. And this includes 2020 Audi Q3, updated Audi A8 and Audi e-tron, which is supposed to be the first luxury electric vehicle in the country. Audi was not present in the 2018 Auto Expo too.
With EV hype in the Indian car market, the German luxury carmaker was expected to showcase international car models such as BMW iX3 electric SUV along with other future prototypes. However, BMW had opposing plans for the auto show.
Must say, by not coming to the 2020 Auto Expo they lost an opportunity, which they could have cashed upon by unveiling promising product in the form of Citroen C5 Aircross SUV. France-based auto manufacturer made news with rumours of entering India car market this year, but with nonappearance at Asia’s biggest auto show, the chances are meagre.
The US-based carmaker has been fighting the drop in sales since last couple of years in the country. With no breather in sales, last year, Ford joined hands with Mahindra & Mahindra (M&M) to revive its business in India. Owing to which it seems it’s in no mood to introduce any new car model in 2020.
Japanese car manufacturer saw decelerated growth last year, which may be one of the reasons Honda not coming to the auto show. As a result, no unveiling of new Honda City and updated Honda Jazz hatchback in India at this year’s Auto Expo.
Nissan & Datsun
Another to hit slump in sales is the Japanese duo – Nissan and Datsun – in India. The company has been facing financial problems since long and that’s the reason of their absence from the Delhi Auto Expo 2020. In its last edition (2018) too, Nissan was not a part of car brands taking part in the auto show.
No Jeep Renegade or Jeep Compass facelift for the SUV aficionados, as cult brand Jeep decided to withdraw its name from the participants list. The US car manufacturer was expected to showcase future full-length SUV models competing Ford Endeavour and Toyota Fortuner alongside mini-SUV rivalling Hyundai Venue, Tata Nexon and the Mahindra XUV300.
Jaguar Land Rover
For those expecting to get a glimpse of Land Rover Defender and the most anticipated i-Pace electric SUV from Jaguar, this is not a good news. Tata Motors’ British subsidiary was likely to uncover slew of cars ranging from new models to facelifts. But its pull out from 2020 Auto Expo has put a full-stop to all the speculations.
With Toyota not making to the event due to sales dip in the last calendar year, enthusiasts won’t be able to see their upcoming line-up. And this comprised of Toyota Yaris hatchback, Toyota Corolla Hybrid and compact SUV Toyota Rise.
Known for making safest cars worldwide, Volvo will soon see BS6 compliant engine in its existing India-spec line-up, but will not be seen at the exposition. Swedish car manufacturer was anticipated to display Volvo XC40 electric, which was recently showcased at an international auto event.